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(M4) Retracement Mode

US 10YR FUTURE TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets
  • RES 4: 110-16 50.0% retracement of the Feb 1 - Apr 25 bear leg
  • RES 3: 109-31+ High May 16 and bull trigger
  • RES 2: 109-04+ 50-day EMA
  • RES 1: 108-26+ 20-day EMA
  • PRICE: 108-04+ @ 11:29 BST May 29
  • SUP 1: 108-00 Round number support
  • SUP 2: 107-25+ 76.4% retracement of the Apr 25 - May 16 rally
  • SUP 3: 107-12+ Low Apr 30 and May 1
  • SUP 4: 107-04 Low Apr 25 and the bear trigger

Treasuries are trading lower as the contract extends the pullback from 109-31+, the May 16 high and a key short-term resistance. Note that support at 108-15, the May 14 low, has been cleared. The break undermines the recent bullish theme and instead signals scope for a deeper retracement. This has opened 108-00 ahead of 107-25+, a Fibonacci retracement. On the upside, initial firm resistance is seen at 109-04+, the 50-day EMA.

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  • RES 4: 110-16 50.0% retracement of the Feb 1 - Apr 25 bear leg
  • RES 3: 109-31+ High May 16 and bull trigger
  • RES 2: 109-04+ 50-day EMA
  • RES 1: 108-26+ 20-day EMA
  • PRICE: 108-04+ @ 11:29 BST May 29
  • SUP 1: 108-00 Round number support
  • SUP 2: 107-25+ 76.4% retracement of the Apr 25 - May 16 rally
  • SUP 3: 107-12+ Low Apr 30 and May 1
  • SUP 4: 107-04 Low Apr 25 and the bear trigger

Treasuries are trading lower as the contract extends the pullback from 109-31+, the May 16 high and a key short-term resistance. Note that support at 108-15, the May 14 low, has been cleared. The break undermines the recent bullish theme and instead signals scope for a deeper retracement. This has opened 108-00 ahead of 107-25+, a Fibonacci retracement. On the upside, initial firm resistance is seen at 109-04+, the 50-day EMA.